Public Authorities Superannuation (Closed Local Government Schemes Transfer) (Savings and Transitional) Regulation 1986
8Applicable salary for former contributors to Provident Fund
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8 Applicable salary for former contributors to Provident Fund
8 Applicable salary for former contributors to Provident Fund
Where a person is a contributor to the Provident Fund when he or she becomes a transferred contributor and the contributions to the Provident Fund were calculated as a percentage of the person’s salary, the person’s contributions to the Fund during the superannuation year that commences on 1 April following that person’s transfer shall be based on the salary paid to the person by his or her employer at the rate applicable as at 31 December last preceding the commencement of that superannuation year.
cl 8: Am 2.10.1987.